KUALA LUMPUR: The FBM KLCI closed lower on Wednesday, in line with regional markets, as hopes for a quick solution to the Euro-zone debt crisis were doused and signs were clear that China's robust growth was moderating.
At 5pm, the local bourse slipped 1.73% or 25.41 points to 1,439.94. Regional bourses were lower. Tokyo's Nikkei 225 fell 1.55% to 8,741.91 and Hong Kong's Hang Seng Index was down 4.23% to 18,076.46.
Shanghai's A index was down 2.33% to 2,383.49 while Taiwan's Taiex Index slipped 1.36% to 7,359.48.
Seoul's Kospi Index dipped 1.41% to 1,838.90 while Singapore's Straits Times Index fell 1.95% to 2,724.69.
Nymex crude oil lost 64 cents to US$85.74 per barrel. Spot gold fell US$12.23 to US$1658.63 per ounce. The ringgit was quoted at 3.135 to the US dollar.
At 5pm, the local bourse slipped 1.73% or 25.41 points to 1,439.94. Regional bourses were lower. Tokyo's Nikkei 225 fell 1.55% to 8,741.91 and Hong Kong's Hang Seng Index was down 4.23% to 18,076.46.
Shanghai's A index was down 2.33% to 2,383.49 while Taiwan's Taiex Index slipped 1.36% to 7,359.48.
Seoul's Kospi Index dipped 1.41% to 1,838.90 while Singapore's Straits Times Index fell 1.95% to 2,724.69.
Nymex crude oil lost 64 cents to US$85.74 per barrel. Spot gold fell US$12.23 to US$1658.63 per ounce. The ringgit was quoted at 3.135 to the US dollar.
